According to the Dubai Land Department, 15,897 sales transactions were recorded in Dubai between January to June 2020
The construction begins following the sale of 594 total units in phases one and two of Elan, totaling sales value of Dhs900m
The company is building a managed marketplace for users to search, transact, and finance residential real estate
The committee will list, analyse, revise and develop procedures for providing services related to the issuance of building permits
The virtual platform features stakeholders including developers, investors and brokers
With regional businesses now allowed to return back to offices, how are they handling the transition?
The package is valued at Dhs200m and expected to benefit over 1,500 businesses
Saudi Arabia’s economy is being battered by a slump in crude prices and from lockdown measures to prevent the spread of Covid-19
The project will see the addition of “tens of thousands” of hotel and residential units in Makkah in later phases
Almost 2,300 employees, including engineers and project managers, were dismissed this month
Mubadala may also dispose of some residential buildings in the United Arab Emirates’ capital
The offering will comprise of 27,180,000 ordinary shares
Ready-to-occupy, family villas at Nad Al Sheba are particularly in demand
How can real estate developers in the GCC adapt to the upheaval that the coronavirus has caused across the region?
The combined conglomerate will operate across real estate, tourism, hospitality, leisure and entertainment and investments
With this merger, OLX has become EMPG’s largest single shareholder with 39 per cent of shares
In a post Covid-19 world, the property sector needs to adapt and re-align to meet customer demands and mitigate the long-term effects of the pandemic
The claim is related to a project completed around a decade ago
An interest-free loan programme for military personnel which covers 20 per cent of a property will be suspended from May 31
ENBD REIT would require tenants to provide requisite documents for it to extend adequate rental relief
This initiative is part of Mubadala’s ‘We Are Dedicated’ campaign, and aims to support commercial tenants
Distribution will take place from their warehouse facilities in Dubai, Abu Dhabi, Sharjah, Ajman and Ras Al Khaimah
The salary cuts range from 30 per cent to 50 per cent for employees earning above Dhs4,000
Off-plan transactions constituted 72 per cent of the total deals
ADQ assumed complete ownership of NPCC after acquiring 30 per cent shares previously held by Consolidated Contractors International Company
Restaurants whose services are restricted to delivery-only are offered a two-month rent-free period for April and May
Live Viewings combines Property Finder’s own technology platforms with YouTube Live to introduce live streaming to the UAE real estate market
A new digital dashboard from Urban aims to provide UAE landlords with full oversight into their properties
Existing residential tenants at Dubai Silicon Oasis can now make monthly payments towards their rent
Government stimulus packages and previous experience with coronavirus will allow for quick and effective measures to combat slump, says real estate consultancy